Climate change is a key challenge for insurance companies
Understand the interdependencies between assets and liabilities, shifts in new business dynamics and meet increased reporting and disclosure obligations arising from the net-zero transition, physical risks, and uncertainty in market responses with climate scenario analysis.
ClimateMAPS, in exclusive partnership with Cambridge Econometrics, offers a holistic approach to optimizing an insurance company’s business performance and ensuring portfolio resilience against the impacts of climate change.
Identify climate risks. Illuminate climate opportunities
How does ClimateMAPS support insurance companies
By utilizing our Ortec Finance Climate Scenarios, developed using our award-winning propietary climate scenario modeling framework or publicly available NGFS climate scenarios, ClimateMAPS can support insurance companies to:
- Assess current risk exposure and identify opportunities by simulating real-time portfolios under a range of climate narratives
- Quantify climate change impacts across all asset classes and macroeconomic variables to inform strategic asset allocation
- Conduct rigorous scenario planning and stress tests that incorporate realistic assessments of climate transition, physical, and market risks
- Gain a deeper qualitative understanding of scenario outcomes and trends
- Comply with Solvency II, ORSA and TCFD & ISSB-related risk reporting and disclosure obligations
- Evaluate the impact of climate change on new business behavior and preferences across different plausible scenarios
How can insurance companies benefit from our ClimateMAPS climate scenario analysis solution?
Ability to integrate climate risk analysis results with traditional risk return analysis outcomes via our economic scenario solution
Generates extensive insights and detailed narratives covering short and longer-term investment horizons
Can be utilized on a standalone basis and/or integrated with SAA & ALM exercises
Compare scenarios and detailed results across economies, asset classes and sectors worldwide
Option to incorporate client-specific views and assumptions
Fully integrated with our GLASS for insurance companies modeling platform
Benchmarking climate risk exposure for a range of optimized portfolios
Want to learn more about ClimateMAPS?
Visit our Climate Scenarios & ESG page to learn about the features of ClimateMAPS and how it can support insurance companies to prepare their portfolio for the impacts of climate change.
ClimateMAPS – climate scenario analysisContact
Hamish Bailey
Managing Director UK, Head of Insurance & Investment
Stefano Lee
Managing Director - Asia Pacific
Maurits van Joolingen
Managing Director, Climate & ESG SolutionsRelated Insights
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18 December 2024Climate change could erode Canadian pension fund returns by 44%Ortec Finance releases inaugural Canada pension fund climate risk report, analyzing the average portfolio allocation of the Top 30 pension funds in Canada by AUM
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17 December 2024Climate risk assessment – Top 30 Canadian pension fundsDiscover how climate change impacts the top 30 Canadian pension funds through an analysis of their climate risk exposure, using Ortec Finance Climate Scenarios.
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17 December 2024Assessing the climate risk exposure of pension funds and insurance companies worldwideAccess a series of Ortec Finance reports to examine how climate risk exposure and resilience vary among pension funds and insurance companies worldwide
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16 December 2024Climate risk assessment – Top 30 US pension fundsDiscover how climate change impacts the US pension fund industry through an analysis of their climate risk exposure, using Ortec Finance Climate Scenarios
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16 December 2024US pension funds most sensitive to climate changeOrtec Finance releases inaugural US pension fund climate risk report, analyzing the average portfolio allocation of the Top 30 pension funds in the US by AUM
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11 December 2024Climate risk assessment – Top 30 UK pension fundsDiscover how climate change impacts the top 30 UK pension funds through an analysis of their climate risk exposure, using Ortec Finance Climate Scenarios.
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11 December 2024UK pension fund investment returns could reduce by 30% in a high warming stress scenarioOrtec Finance releases inaugural UK pension fund climate risk report, analyzing the average portfolio allocation from the Top 30 pension funds by AUM
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09 December 2024Climate risk assessment – European pension fundsLearn how climate change impacts European pension funds, via an analysis on a reference portfolio that represents their average asset allocation.
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09 December 2024Ortec Finance warns on impact of climate change on European pension fundsOrtec Finance releases inaugural European pension fund climate risk report, analyzing the average portfolio allocation derived from the EIOPA.